Shearwater Capital LLC Takes $202,000 Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Shearwater Capital LLC acquired a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 8,698 shares of the company’s stock, valued at approximately $202,000.

Several other large investors have also made changes to their positions in SCHH. Charles Schwab Investment Advisory Inc. grew its stake in Schwab U.S. REIT ETF by 2.8% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock worth $1,093,377,000 after buying an additional 1,472,209 shares during the period. US Bancorp DE raised its position in Schwab U.S. REIT ETF by 4.6% in the second quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock valued at $544,680,000 after purchasing an additional 1,201,620 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 7.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock worth $136,549,000 after purchasing an additional 480,848 shares in the last quarter. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Schwab U.S. REIT ETF by 9.4% in the first quarter. Moisand Fitzgerald Tamayo LLC now owns 1,244,689 shares of the company’s stock worth $25,267,000 after buying an additional 106,505 shares during the period. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at about $23,895,000.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH traded down $0.09 during mid-day trading on Wednesday, hitting $22.38. 581,767 shares of the company traded hands, compared to its average volume of 3,519,250. The firm’s 50 day simple moving average is $22.48 and its 200 day simple moving average is $20.75. The firm has a market cap of $7.10 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $16.63 and a 52-week high of $23.66.

Schwab U.S. REIT ETF Profile

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.